I applied online. The process took 6 weeks. I interviewed at Morgan Stanley (London, England) in Nov 2012
Interview
Telephone Interview- I was informed around late evening that I would be having an interview the following morning. First round was largely technical but the interviewer was friendly, and the questions were follow ups to answers I was giving
Interview questions [1]
Question 1
Which valuation technique would yield a higher value for a firm-Public Comparables? or Past Transaction Comparables?
A lot of technical and brain teaser that can throw u off. Know the current geopolitical and stocks price. Know lbo,dcc and all comps to be able to pass the interview
I applied online. I interviewed at Morgan Stanley (New York, NY)
Interview
Application consisted of cover letter and resume drop in January, HireVue completed within 48 hours with similar questions to interview, Superday that consisted of 3 back to back interviews. whole process took less than 1 month.
Hirevue followed by telephone interview with an associate - covered technicals (LBO, Accretion / Dilution, Valuation such as three methodologies, DCF, Accounting change scenarios) and behaviourals (example scenarios and how you would react, etc.). Standard questions.